Legal Opinion

Assured Guaranty Corp. v. Financial Oversight & Management Board for Puerto Rico

Court of Appeals for the First Circuit

Decided September 22, 2017No. 17-1831PPublishedCited by 8 opinions

1Opinion of the Court

HOWARD, Chief Judge.

In this case, the able district court judge followed the guidance provided in a prior opinion of ours. Unfettered by the constraints that bound the district court, we now chart a different course.

Movant-Appellant Official Committee of Unsecured Creditors (“UCC”) appeals from the district court’s denial of its motion to intervene in an adversary proceeding arising within the Commonwealth’s debt adjustment case under Title III of the Puerto Rico Oversight, Management, and Economic Stability Act (“PROMESA”), see 48 U.S.C. §§ 2161-2177. 1 Because we hold that 11 U.S.C. §…

2Cases cited20 opinions

  1. Hartford Underwriters Insurance v. Union Planters Bank, N. A.Supreme Court of the United States · 2000
  2. Local Number 93, International Ass'n of Firefighters v. City of ClevelandSupreme Court of the United States · 1986
  3. In the Matter of JAMES WILSON ASSOCIATES, Debtor. Appeals of METROPOLITAN LIFE INSURANCE COMPANYCourt of Appeals for the Seventh Circuit · 1992
  4. LeBlanc v. SalemCourt of Appeals for the First Circuit · 1999
  5. Fund for Animals, Inc. v. NortonCourt of Appeals for the D.C. Circuit · 2003

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3Cited by8 opinions

  1. Assured Guaranty Corp. v. Fin. Oversight & Mgmt. Bd. for Puerto Rico (In Re Fin. Oversight & Mgmt. Bd. for Puerto Rico)Court of Appeals for the First Circuit · 2019
  2. David Beem v. Gary Allan FergusonCourt of Appeals for the Eleventh Circuit · 2018
  3. Arrowhead Capital Finance, Ltd. v. Royal Alice Properties, LLCUnited States Bankruptcy Court, E.D. Louisiana · 2021
  4. Assured Guaranty Corp. v. Com. of Puerto Rico (In re Fin. Oversight & Mgmt. Bd. for Puerto Rico)United States District Court · 2017
  5. Dillworth v. Mahecha DiazUnited States Bankruptcy Court, S.D. Florida. · 2022

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